Josh Jacobs

NMLS # 1075951

651-797-4090

josh@mrmloans.com

Josh Jacobs Loan Manager

Blog

How to Use a Mortgage Calculator

How to Use a Mortgage Calculator

As you begin the process of becoming a homeowner, one of the first things you need to know is how much your monthly payments will be and how much home you can afford. Fortunately, you can get a fairly accurate picture of both numbers with the help of an o

Apr 28, 2022 | Purchasing a Home

What if Rates Rise while my House is Under Contract?

What if Rates Rise while my House is Under Contract?

With long-term mortgage interest rates starting to rise after years of staying near historic lows, there is a good chance rates could continue to climb during your home buying process. When you get pre-approved for a mortgage, you are often quoted a certa

Apr 26, 2022 | Purchasing a Home

How Long Does a Mortgage Refinance Take?

How Long Does a Mortgage Refinance Take?

With interest rates on the rise from their historic lows, you may be wondering if there is still time to take advantage of refinance savings on your home mortgage. How long does it take to refinance a loan? Will you be able to complete the process before

Apr 21, 2022 | Refinancing a Home

Your AirBnB Income Can Help You Refinance Your Mortgage

Your AirBnB Income Can Help You Refinance Your Mortgage

Did you know that your AirBnB rental income can help you qualify for a refinance loan? In the past using any rental revenue from your “primary residence” was not acceptable on mortgage applications. However, starting in 2018 mortgage government-sponsored

Apr 19, 2022 | Refinancing a Home

4 Steps You Can Take When You Can’t Afford Your Mortgage Payments

4 Steps You Can Take When You Can’t Afford Your Mortgage Payments

The COVID-19 pandemic has turned so much of life on its head. Many businesses were unable to reopen after long shutdowns, putting many people out of work. And while there may be plenty of jobs available now, they may not always pay as well as a previous o

Apr 14, 2022 | Credit

How to Make Your VA Loan Competitive in a Hot Market

How to Make Your VA Loan Competitive in a Hot Market

In the red hot housing market of the past few years, sellers usually have multiple offers, often getting more than their listing price. If you are using a VA loan to back your purchase you may worry that sellers might choose conventional-loan-backed offer

Apr 12, 2022 | VA Loans